Michigan Lawsuit Dismissed Against Major Oil Companies
The judge ruled Michigan lacked a federal antitrust basis for most claimed harms, leaving only possible energy overcharge claims.
- On Tuesday, U.S. District Judge Jane Beckering dismissed Michigan's novel antitrust lawsuit against several oil supermajors, ruling the state lacked a legal basis to seek relief for alleged market manipulation and climate-related grievances.
- Michigan Attorney General Dana Nessel filed the suit in January, claiming BP, Chevron, Exxon, Shell, and the American Petroleum Institute acted as a "cartel" to suppress renewable energy and electric vehicles and maintain market dominance.
- Explaining the dismissal, Beckering wrote that "the distance is too great" between the alleged conspiracy and claimed overcharges, concluding Michigan failed to plausibly plead the conspiracy proximately caused injury.
- The Justice Department had submitted a brief supporting the companies, arguing federal law exclusively governs interstate emissions and that Michigan's attempt to regulate global conduct under state law exceeded its statutory authority.
- Though Nessel's office indicated she "disagrees with the opinion" and is considering options, the American Petroleum Institute welcomed the decision, stating "climate policy is a federal, not state, issue.
17 Articles
17 Articles
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